CODEX DNA INC (DNAY) Stock Technical Analysis
USA - NASDAQ:DNAY - US1920031010 - Common Stock
Taking everything into account, DNAY scores 0 out of 10 in our technical rating. DNAY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, DNAY does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.13, a Stop Loss order could be placed below this zone.
More info and screens
1.11
When analyzing the support we notice one important area.
- A support zone ranging from 1.12 to 1.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.50 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for DNAY is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for DNAY is neutral. |
| ChartMill Relative Strength | 5.82 | NEGATIVE | DNAY has a low relative strength, it was outperformed by 94.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of DNAY is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of DNAY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of DNAY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.01 | NEUTRAL | The RSI value for DNAY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests DNAY has a positive trend. |
| Stochastics (14,3) | 68.54 | NEUTRAL | The Stochastics value for DNAY is a neutral value. |
| Average True Range in percent/ATR (20) | 8.72 | HIGH VOLATILITY | The high ATR as a percentage value for DNAY suggests high volalility. |
| Average Directional Index/ADX (14) | 25.86 | POSITIVE | The high ADX value value for DNAY suggests a strong trend. |
NASDAQ:DNAY (1/3/2023, 8:00:01 PM)
1.3
+0.1 (+8.33%)
CODEX DNA INC / DNAY FAQ
What is the ChartMill technical rating of CODEX DNA INC (DNAY) stock?
ChartMill assigns a technical rating of 0 / 10 to DNAY.
Can you provide the trend direction for CODEX DNA INC?
The current trend direction for CODEX DNA INC (DNAY) is Bearish.
Can you provide the RSI signal for CODEX DNA INC?
CODEX DNA INC (DNAY) has an RSI value of 51.0068. This indicates that the stock is currently neutral.
What is the short term momentum for CODEX DNA INC (DNAY) stock?
The short term momentum for CODEX DNA INC (DNAY) is neutral.